Dream Industrial is unloading almost its entire American industrial portfolio in what is essentially a unique recapitalization that values the properties at 480 million U.S. dollars, a figure one analyst called "underwhelming" but who also pointed out some advantages to the structure of a deal designed to generate revenue in an in-demand property sector.
Dream Industrial Agrees To Sell Almost All Its US Portfolio but Remain an Investor
Under Deal, Toronto-Based REIT Gets C$210 Million Cash, 25% Stake in New Fund
By Garry Marr
CoStar News
July 22, 2021 | 8:01 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In